Gold price in China rose from $2,366 to $2,381, while silver price remained at $34.42. Shanghai market is open. Commodity futures in China saw increases with Shanghai silver jumping 4.7% and gold up 0.6%. Other metals also rose, including tin, nickel, copper, aluminum, zinc, INE crude oil, iron ore, and steel rebar. Chinese silver imports are expected to surge due to increased demand and higher prices in Shanghai.
Chinese silver arbitrage makes the mainstream financial news: Chinese silver imports could surge in coming weeks, as traders take advantage of a jump in demand that’s taken prices well above the international market. Silver’s in a sweet spot because of its dual uses as an…
#China’s Silver Imports Set to Jump as Solar Demand Lifts Prices Premium in Shanghai has climbed despite surge in world prices Dwindling inventories make the metal even more attractive https://t.co/MwMqDwIp6z
⚡Most commodity futures open up in #China on Tuesday. Shanghai #Silver jumps 4.7%, and #gold is now up 0.6%. #Tin +3%, #nickel +2.25%, #copper +1.6%, #aluminum +1% and #zinc +0.9%. INE crude oil +1.2%. #IronOre rises 1.1%, and #steel rebars are up 0.7%. https://t.co/i4oBzD9y5J https://t.co/mwqLZKY7WP
Gold price in China $2,381 Silver price $34.42 Shanghai market is open
Gold price in China $2,366 Silver price $34.42 Shanghai market is open